GBP/USD hits 6-month high above 1.3200 as markets shun USD amid tariff turmoil The Pound Sterling rose and refreshed six-month highs against the US Dollar…
Sterling rallies despite unchanged UK unemployment at 4.4%, as strong wage growth complicates BoE’s easing path. US Dollar Index drops over 5% in three weeks…
AUD/USD advances to near 0.6390 despite the escalating trade war between the US and China. US President Trump announced a 90-day pause on reciprocal tariffs…
XAU/USD rallies over 2% as investors flee to safety amid US-China tariff battle and inflation uncertainty. China hits back with 125% tariff after US raises…
Gold price gains momentum to a record high around $3,190 in Friday’s early Asian session. An escalation of the US-China trade underpins the Gold price. …
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee hit newswires for a second time on Thursday, adding extra caution that ongoing trade tensions will…
Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari noted on Wednesday that increased market volatility at the hands of constantly-waffling US trade policy will…
The Copper price was one of the biggest losers among base metals since 2 April, starting the week by falling by more than 15%, Commerzbank’s…
Markets are steadier so far today, with a lot more green on the screen than over the past few days. Gains in Asian and European…
The Gold price was unable to escape the sell-off on the commodity and financial markets and also fell significantly, Commerzbank’s commodity analyst Carsten Fritsch notes.…